HausAngeles Transaction Team Update:
Lots has been doing on at HausAngeles both during weekdays and weekends and the good news is we are selling more and more homes! We continue to expand our business with you (our friends, colleagues, clients and family)..and particularly those of you who are first time home buyers, investors ready to make their first purchase during this housing cycle, or who need to move for a personal or professional reason (such as a job change, retirement, or divorce/separation).
 
We also continue to expand our mission driven business and have launched our first official partnership and program focused on the Hispanic/Spanish speaking First Time Home buyer Market. We have partnered with a leading Hispanic Non-Profit Agency called New Economics for Women (NEW), which provides HUD certified consumer counseling to consumers who either want to buy a home, or those that are finding themselves unable to afford their current home.
 
Our Spanish First Time Home Buyer Program focuses on working with NEW clients who have gone through their pre-purchase financial counseling program and are ready to buy their first home. As you know, we are focused on raising the level of consumer education, professionalism and ethics practiced in real estate…and there is no market segment that needs this more than the Hispanic first time home buyer market.
 
If you know of someone who is a first time home buyer, please have them call us. We have our own (HausAngeles) systematic education-focused First Time Home Buyer program, and this program can be supplemented with FREE consumer counseling (provided by NEW) for anyone who wants it (Hispanic or not, Spanish speaking or English speaking).
 

HausAngeles Management Consulting Business Launched:
As some of you know already, I started my career and spent about 6 years (both pre and post Business School) doing management consulting with the global consulting firm McKinsey and Company (a fantastic firm I am proud to be an alumnus of). A few months ago, we decided to expand into the management consulting business. Consulting is a great way to keep abreast of the latest market developments, meet and influence leaders in both the public and private sectors, and lead with ideas and knowledge….all of which are a core focus for us at HausAngeles. Our management consulting practice is focused on our areas of expertise in the housing and real estate markets: public policy, affordable housing, mortgage lending, investor loss mitigation, execution/performance improvement, and real estate.
 
Since we decided to get into the business, we have launched our first two management consulting clients/relationships:

1. Mortgage Lending in the Current Environment: A project/relationship with a leading national mortgage lender on the subject of foreclosure prevention, housing market policy, and lending opportunities driven by the distressed real estate market.

2. Affordable Housing Agency Transformation:A project/relationship with one of the nation’s top 10 affordable housing agencies on the issue of cultural and performance transformation.

We are always looking for high impact consulting opportunities….so if you have or are aware of such an opportunity, we’d love to talk to you.

A Gated private residence nestled in the Burbank Hills. This 3,600 sq ft, 4 bedroom, 4 bath spectacular custom-designed 2-story Craftsman offers a private hillside retreat with breathtaking, panoramic views of Burbank and Hollywood Hills.

Beautiful distressed White Oak hardwood floors and Douglas Fir wood beams encase the spacious living and dining rooms with French doors that open to a 500 square foot romantic porch with river rock, stacked stone pillars, redwood ceilings and spacious backyard with sweeping views. Gourmet cook's kitchen with built in breakfast nook, rare blue granite counter tops, maple wood cabinets and top of the line Viking appliances, a Subzero refrigerator and double stove with griddle.

Two master suites, with French doors lead to a private 500 square foot balcony with amazing sunset views and outdoor movie theatre with surround sound. Main master suite has 15 ft high cathedral ceilings, two walk-in closets, dual showerheads and oversized bathtub with jets.

Surveillance cameras surround the house and balconies, along with 42 pre-wired speakers throughout, recessed lighting and fully finished 2 car garage. Additional den/ maid's room.

Perfect, private and tranquil sanctuary and entertainment pad in the Burbank Hills, only minutes to media district/studio's and major freeways. $1,347,000
www.1291paseoredondo.com

Thoughts on the Current Indications of Possible Housing Market Stabilization

If you’re wondering what’s going on with the housing market and whether a permanent home price stabilization trend is underway, you should read this article….which is one of the best ones I’ve seen recently on the topic of the US housing market and likely future trends. At HausAngeles we are seeing clear signs of what we would describe as a “mini buying frenzy” at the low (below 400K or so) and medium (below 750K or so) ends of the real estate market in Los Angeles County. Most properly priced homes listed to be sold are seeing multiple offers, with many offers and sales occurring above the property listing price. more...